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ServiceNow, Inc. (symbol: NOW) is an American software company headquartered in Santa Clara, California. It specializes in developing a cloud computing platform designed to help companies manage digital workflows across enterprise operations. By offering a comprehensive suite of software solutions, ServiceNow enables organizations to streamline and automate various business processes through a Software as a Service (SaaS) delivery model.
Originally focusing on IT Service Management (ITSM), ServiceNow has significantly expanded its capabilities. The company's platform now addresses various functions beyond IT, including customer service, HR service delivery, and security operations. This diversification allows enterprises to optimize multiple aspects of their operations through a single, integrated platform.
ServiceNow's recent achievements include partnerships with global enterprises to enhance their digital transformation journeys. The company's application development platform further enables businesses to create custom applications tailored to their specific needs. Financially, ServiceNow has shown robust performance, consistently delivering strong revenue growth and expanding its customer base worldwide.
Overall, ServiceNow continues to be a pivotal player in the enterprise software market, driving innovation and efficiency through its cutting-edge digital workflow solutions.
Booking Holdings has appointed Larry Quinlan, former Global Chief Information Officer of Deloitte, to its Board of Directors effective October 13, 2022. Quinlan brings over 35 years of technology leadership experience, having managed a global team of 10,000 IT professionals at Deloitte. His expertise in digital strategy, cybersecurity, and emerging technologies is expected to add significant value to Booking Holdings as it continues to innovate in the travel sector.
ServiceNow (NYSE: NOW) has secured a Blanket Purchase Agreement (BPA) valued at $250 million with the U.S. Department of Health and Human Services (HHS). This agreement, in collaboration with Carahsoft, will enable key functionalities across HHS applications, optimizing inventory and reducing waste through various workflows. The BPA is set for a five-year term, concluding in 2027. ServiceNow aims to streamline procurement processes and enhance digital transformation efforts within HHS, ultimately aiming to improve user experiences.
ServiceNow (NYSE: NOW) is set to announce its financial results for Q3 on October 26, 2022, after market close. The company will hold a conference call at 2 p.m. PT (21:00 GMT) to discuss the results. Interested investors can join via phone or through a live webcast.
Audio replays will be available post-call, accessible for 30 days. ServiceNow aims to enhance organizational efficiency through its cloud-based solutions, facilitating better connectivity and innovation.
ServiceNow (NYSE: NOW) has announced the acquisition of Era Software, enhancing its observability and log management capabilities within Lightstep. This strategic move aims to unify observability solutions, enabling customers to gain actionable insights across digital workflows. With the observability market projected to reach $9.08 billion by 2025, this acquisition supports ServiceNow’s growth strategy and digital transformation initiatives. The deal is expected to close in Q4 2022, though financial terms remain undisclosed.
Noodle.ai has successfully closed a $25 million Series C funding round, bolstered by investments from ServiceNow (NYSE: NOW) and Honeywell Ventures. This brings Noodle.ai's total funding to over $100 million. The funds will be used to enhance their AI-driven supply chain system called Inventory Flow, designed to tackle complex supply chain challenges. Noodle.ai aims to integrate advanced data science technologies to optimize operations across various industries, reflecting a growing need for innovation in global supply chains.
ServiceNow (NYSE: NOW) announced the latest Now Platform Tokyo release, featuring solutions for Telecom and Enterprise Legal sectors. These innovations aim to streamline operations, boost efficiency, and deliver rapid business outcomes. Key offerings include Telecom Network Inventory for managing network resources, Legal Investigations for internal complaint handling, and Supplier Lifecycle Management to modernize vendor interactions. The release is generally available, showcasing ServiceNow's commitment to enhancing technology investments and improving organizational productivity.
ServiceNow (NYSE: NOW) announces the launch of its Now Platform Tokyo release, introducing new features aimed at enhancing employee and customer experiences. Key improvements include Order Management enhancements for better catalog management, a Manager Hub designed to alleviate managerial burdens, and Schedule Optimization for field service management. These innovations aim to simplify processes, reduce operational complexity, and increase productivity amid challenging business environments. The release is now available for organizations looking to improve their digital workflows.
ServiceNow (NYSE: NOW) has launched new AI-powered features and risk management tools in its Now Platform Tokyo release, aimed at enhancing operational efficiency amidst economic uncertainty and cyber threats. Key innovations such as Task Intelligence and Automation Center aim to streamline customer service and operational oversight. Gartner forecasts a significant rise in software infrastructure spending, exceeding $120 billion by 2026, indicating strong market potential for ServiceNow’s solutions. The Tokyo release is designed to fortify business models by leveraging advanced data protection and increasing resilience against disruptions.
ServiceNow (NYSE: NOW) has announced the Now Platform Tokyo release, designed to enhance digital workflow solutions amidst a challenging macro environment. This update focuses on improving employee and customer experiences, streamlining automation, and reinforcing operational trust. Highlighting industry's shift to digital, 95% of CEOs acknowledge the need for a digital-first strategy, leading to faster revenue growth. The Tokyo release introduces new features in Enterprise Asset Management, Supplier Lifecycle Management, and ESG Management, aimed at boosting agility and sustainability.
Volteo Digital has been designated as a ServiceNow Elite Partner, becoming the first exclusive Talent Placement partner globally. This collaboration aims to provide qualified ServiceNow consulting talent to Fortune 500 clients, including industry leaders like Netflix and Intel. With a track record of talent development since 2013, Volteo Digital focuses on enhancing the skills of consultants through its ServiceNow Center of Excellence. They expect to offer certified talent to ServiceNow customers by late 2022, contributing to significant digital transformation efforts.
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